5397 N Lincoln St #5399 N Lincoln St, Spokane, WA 99205
5397 N Lincoln St #5399 N Lincoln St, Spokane, WA 99205
5397 N Lincoln St #5399 N Lincoln St, Spokane, WA 99205
5397 N Lincoln St #5399 N Lincoln St, Spokane, WA 99205
5397 N Lincoln St #5399 N Lincoln St, Spokane, WA 99205
5397 N Lincoln St #5399 N Lincoln St, Spokane, WA 99205
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Erika Rayburn

Erika Rayburn

+1(509) 413-6989
Listed by Erik Dordal • Windermere City Group
$ 509,000
Est. payment | /mo

4 Beds

3 Baths

1,756 SqFt

Save Virtual Tour
$ 509,000
Est. payment | /mo
Save Virtual Tour

4 Beds

3 Baths

1,756 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,756 sqft

Price per Sqft $289

MLS Listing ID 202620767

Style Craftsman

Bedrooms 4

Year Built 2026

Lot Size 3,049 Sqft

Lot Dimensions 0.07

Property Sub-Type Single Family Residence

Property Description

Brand-new 2-unit home, now complete, with a potential effective monthly payment around $1,300 when living in the 1 bedroom unit! This beautifully finished home has 2 distinct units: a 3 bed, 2 bath with a tenant already in place (paying $1,995/month plus all utilities); and a comfortably sized 1 bed / 1 bath residence. That's built-in income covering the bulk of your payment from day one! Efficiently laid out & spacious, with all amenities on one level. Being a duplex adds flexibility beyond a home with an ADU (separate meters, financing advantages, etc.), making it easy to hold as a long-term investment. Look at the numbers: occupy the 1BR & keep the 3BR tenant - P&I payment should be around $900/mo (based on 10% down & 6.5% ratemaking it easy to hold as a long term investment. If you're looking for a lower payment, don't settle for a smaller, older home with constant repairs. Use the affordability hack they've done for years in Seattle & Portland. Buy new, build equity, and let the second unit work for you!

Location

State WA

County Spokane

Rooms

Basement Crawl Space, None

Interior

Interior Features High Speed Internet, Smart Thermostat, In-Law Floorplan

Heating Electric, Forced Air

Cooling Central Air

Appliance Range, Dishwasher, Refrigerator, Microwave, Washer, Dryer, Hard Surface Counters

Exterior

Parking Features Alley Access

Utilities Available Cable Available

View Y/N true

Roof Type Composition

Building

Lot Description Fencing, Sprinkler - Automatic, Level, Surveyed

Story 1

Architectural Style Craftsman

Structure Type Masonite

New Construction true

Schools

Elementary Schools Madison

Middle Schools Salk

High Schools Shadle Park

School District Spokane Dist 81

Others

Acceptable Financing FHA, VA Loan, Conventional, Cash

Listing Terms FHA, VA Loan, Conventional, Cash

Virtual Tour https://pnwhometours.com/5389-N-Lincoln-St

Nearby Locations

Erika Rayburn
Erika Rayburn

Agent | License ID: 10642

+1(509) 413-6989 | erika.rayburn@exprealty.com

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5397 N Lincoln St #5399 N Lincoln St